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IMF envisages Sri Lanka's economy normalizing in 2018

The International Monetary Fund (IMF) envisages Sri Lanka's economy normalizing in 2018 with the Real GDP growth projected to reach about 5 percent over the medium term.The real GDP growth is projected to increase from 4.2 percent in 2017 to 4.6 percent in 2018, as agriculture recovers with the return of normal weather conditions while construction and services remain resilient, the global lender said in its 'staff' report on Sri Lanka.Similarly, inflation is projected to revert to around 5 percent in end-2017 and throughout 2018. …………….Please Log in or Subscribe to view full details…..

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